Oil Production To Be Cut Sharply – How Will It Impact Gas Prices And What Are The Political Ramifications?
The Organization of Petroleum Exporting Countries, an alliance of oil-exporting countries, on Wednesday decided to sharply cut production to support sagging oil prices, a move that would deal the struggling global economy one other blow and lift politically sensitive pump prices for U.S. drivers just ahead of key national elections. The impact of the production cut on oil prices can be limited somewhat because OPEC+ members are already unable to fulfill the quotas set by the group.
Today on AirTalk we’re joined by Severin Borenstein, professor and school director of the Energy Institute at UC Berkeley’s Haas School of Business and member of the California ISO Board of Governors and Ben Lefebvre, energy reporter focused on business and politics at POLITICO to debate oil cuts, gas prices, and political ramifications.
With files from the Associated Press
Elon Musk Is Buying Twitter (Potentially For Real This Time But Who Knows)
SpaceX and Tesla CEO Elon Musk has announced his intention to purchase Twitter. Again. The billionaire business magnante had originally agreed to purchase Twitter and take it private for some $44 billion back in April before putting the deal on “hold” in May and announcing his desire to scrap the deal altogether in June. Musk accused the corporate of refusing to reveal information on the variety of non-user bot accounts on the web site, and Twitter filed a suit against Musk to shut the deal in July. Musk initiated a counter-suit shortly after, and as a part of the invention process Delaware’s Court of Chancery released reams of texts and messages from and to Musk that paint him in a lower than stellar light, and show the inner workings of the deal because it was being crafted. A handful of days later, Musk agreed to purchase the corporate at his original offering price and Twitter has put litigation on hold. Joining Larry to interrupt down this saga, the likelihood this offer will undergo, and what the longer term holds for Twitter is Latest York Times business & policy reporter Lauren Hirsch.
Latest Podcast ‘Imperfect Paradise: The Sheriff’ Dives Deep Into Villanueva’s Rise In The LA County Sheriff’s Department
Imperfect Paradise 10.5.22
The third season of LAist Studios’ podcast “Imperfect Paradise ” will give attention to the Los Angeles County Sheriff’s Department’s controversial leader, Alex Villanueva. It’s hosted by KPCC and LAist civics and democracy correspondent Frank Stoltze who uses immersive investigative storytelling and an in depth sit-down interview with the sheriff to unravel how the previous lieutenant climbed the ranks and what it has meant for Southern California. Frank joins Larry to debate the podcast. Plus, Alene Tchekmedyian, staff author covering the Los Angeles County Sheriff’s Department, and Gustavo Arrellano, columnist and host of “The Times” podcast from the Los Angeles Times, join to debate what it’s been prefer to cover the sheriff and the department.
The primary two episodes of “Imperfect Paradise: The Sheriff” can be found now with subsequent episodes of the five-part report rolling out weekly. Subscribe now on Apple Podcasts, Spotify or wherever you take heed to podcasts. Hearken to the trailer here.
Proposition 30: Should We Raise Taxes On The Wealthy To Fund Clean Air Programs?
California Gov. Gavin Newsom wants voters to reject a recent tax on wealthy folks that would pay for more electric vehicles within the nation’s most populous state.
Proposition 30 would raise taxes on individuals who make greater than $2 million per yr. It could generate as much as $5 billion in recent tax money annually, and most of that cash would go to programs that help people buy electric cars and install charging stations. A smaller amount would go to wildfire prevention response and prevention programs. The “Yes On 30” campaign has said approval of the prop would speed up a path to cleaner air within the state. The ballot measure’s campaign is paid for by the ride-hailing company Lyft. Last yr, state regulators ordered corporations like Lyft to make sure that nearly all of their rides are in electric vehicles by 2030. Joining us to debate is Will Barrett, national senior director for clean air advocacy for the American Lung Association, and Matt Rodriguez, senior campaign strategist for the “No on Prop 30” campaign.
With files from the Associated Press
Is Jaywalking Legal In California Now? Well, It’s Complicated
Despite some headlines you may see this week about “jaywalking” being decriminalized or made legal in California, the bill signed late last week by Gov. Gavin Newsom doesn’t technically decriminalize it. The Freedom to Walk Act — which works into effect in January — does aim to guard pedestrians from “jaywalking” tickets after they cross a street outside of a crosswalk or against a traffic light (and let’s be honest, most everyone has done this in some unspecified time in the future). But you should meet specific conditions to be within the clear. AB 2147 states that cops mustn’t stop and cite a crossing pedestrian “unless a fairly careful person would realize there’s a direct danger of a collision with a moving vehicle or other device moving exclusively by human power” (similar to a bicycle). Joining Larry to breakdown when you’ll be able to and can’t legally cross the road is KPCC and LAist Associate Editor covering Transportation and Mobility Ryan Fonseca.
With files from LAist. You’ll be able to read Ryan’s full piece here.
Latest In Bestselling Series On Stoicism Focuses On Self-Discipline And The Historical Figures Who Harnessed It
What do Lou Gehrig, Queen Elizabeth II, and Toni Morrison all have in common? Except for all being influential historical figures whose lives and actions modified the lives of others, they’re all examples of people that mastered the art of self-discipline in the method. The concept of self-mastery is a vital pillar in Stoicism, writes writer and writer Ryan Holiday, whose latest book in his Stoic Virtue series “Discipline Is Destiny: The Power of Self-Control”, explores the ability of mastering self-discipline and tells the stories of seminal figures in history like those aforementioned individuals who’ve done just that, in addition to others like Napoleon and Babe Ruth, whose decisions might function cautionary tales. Today on AirTalk, Ryan is with us to speak about his recent book.
